B2BRSS

Bambu wins strategic investment from Franklin Templeton

Socure

Singapore-based B2B robo-advisor Bambu has completed a funding round, featuring a strategic investment from Franklin Templeton Investments and venture capital funding from Wavemaker Partners, part of the Draper Venture Network.

Trustly teams up with Qliro

Equiniti and Nostrum agree M&A

Business-to-business (B2B) payment solutions company Trustly has partnered with e-commerce payment provider Qliro.

Virtual cards could displace cheques in the travel market

Virtual card

With the B2B virtual card market estimated at more than $95 billion in gross spending in 2016, payment providers would do well to target the travel sector, which represents the largest single vertical volume of that spending, according to Mercator Advisory Group.

Western Union launches digital B2B payments platform for SMEs worldwide, WU EDGE

Kerry Agiasotis, Western Union Business Solutions

Western Union Business Solutions has unveiled a brand new payments platform for SMEs, WU EDGE. The project has been 18 months in the making and is available to new and existing customers for free. WU EDGE is cloud-based, and is designed to be a single global payments tool for businesses worldwide. It will go live […]

Payoneer acquires Armor Payments to create global alternative to LCs

payoneer

US-based Payoneer has acquired Armor Payments as it looks to create a “global alternative” to letters of credit (LCs). Armor Payments, co-founded by former PayPal Director, Scott Reynolds, is the “only licensed B2B payments provider offering Escrow-as-a-Service (EaaS)”. Through the acquisition, the new integrated Armor Payments Payoneer Escrow solution will allow B2B buyers and suppliers […]

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